Sergio Padilla

Although AI disruption and other threats remain increasingly relevant, Houlihan Lokey data shows resilient portfolio dynamics.

Both BDCs will retain their investment-grade ratings despite the pessimistic near-term outlook.

Though North America and Western Europe aren’t at risk of losing investors, demand for diversification and spread premiums are moving dollars towards Asia-Pacific.

The latest vintage of the series, which previously held rights to Taylor Swift’s catalogue, continues its focus on acquiring cashflow-generating assets.

The global direct lending platform is comprised of around 10 vehicles across a variety of structures.

If the customer/employee management platform defaults, more than $5bn of equity value would be at risk of being erased, report says.

The Chicago-based manager beat its target fundraise, deploying 30% of the fund’s commitments as of the final close.

CEO Marc Rowan says the totality of the firm’s credit business will be ‘100% daily pricing’.

LibreMax Asset-Backed Income Fund targets asset-backed finance and traded structured credit opportunities.

The manager’s deputy co-head of hybrid, Chris Lahoud, says the current moment is one of heightened volatility.